Market Trends & Cryptocurrency Performance - Crypto majors experienced declines of 1-3% ahead of the FOMC meeting, with Bitcoin at $113,100, Ethereum at $4,000, and BNB at $1,115 [1] - Bitcoin ETFs saw net inflows of $1493 million, while ETH ETFs saw $246 million in inflows [1] - Memecoin leaders were mostly down, including DOGE (-3%), Shiba (-1%), PEPE (-2%), PENGU (-3%), BONK (-2%), SPX (-5%), and FARTCOIN (-10%), while TRUMP (+18%) showed gains [1] New Products & Partnerships - Western Union announced a stablecoin on Solana [1] - Visa will start taking payments in four different stablecoins across four blockchains, with the ability to convert them back into fiat [1] - Trump Media introduced a new prediction market called Truth Predict [1] - Circle's Arc blockchain went live in testnet [1] - Polymarket teased its US launch coming within weeks with a focus on sports [2] Funding & Investment - Bitwise's BSOL ETF debut had the highest launch-day volume of ALL ETF launches in 2025 with $56 million [1] - BlackRock's tokenization platform Securitize shared plans to go public via a $125 billion SPAC [1] - Sharplink shared plans to deploy $200 million of its ETH holdings into Linea DeFi [1] - MegaETH's public ICO has already seen over $700 million raised with just over 1 day left (15x oversubscribed) [1] NFT Market - NFT leaders were flat, with Punks at 39 ETH, Pudgy +1% at 695 ETH, BAYC -1% at 65 ETH, and Hypurr's -1% at 1,190 HYPE [2]

Market Overview - The global cryptocurrency market capitalization has decreased by 1.6%, now standing at $3.89 trillion, with a 24-hour trading volume of $171 billion, indicating a slight increase despite overall declines in major assets [1][8]. Crypto Performance - Bitcoin (BTC) has fallen by 1.5% to $112,859, while Ethereum (ETH) has decreased by 3.0% to $3,991. Other notable declines include BNB down 2.1% to $1,111 and Dogecoin (DOGE) down 3.1% to $0.1939. XRP (XRP) is the only major asset showing a gain, up 0.5% to $2.64 [3][8]. - Among the top 100 tokens, Diverge Loop (DIVER) has surged by 88.5%, while Vutlsig (VUT) has dropped significantly by 31.9%. Enso, Arcblock, and ChainOpera AI are trending in market discussions [4]. ETF Developments - Bitwise Asset Management's newly launched spot Solana ETF has attracted $69.5 million in inflows on its first trading day, nearly six times the debut of its closest competitor, the Rex-Osprey Solana Staking ETF, which had $12 million [4][5]. Federal Reserve Impact - The Federal Reserve is anticipated to announce a 25-basis-point rate cut, reducing the benchmark range to 3.75%–4%. This is expected to influence liquidity in financial markets, with traders looking for indications of future monetary policy adjustments [6][8]. - Bitget CEO Gracy Chen noted that the market sentiment is precarious, balancing between optimism and caution, as a dovish Fed could benefit risk assets like cryptocurrencies, while a hawkish stance might lead to a market pullback [7]. Additional Insights - The Crypto Fear and Greed Index has dropped to 39, indicating a state of fear in the market [8]. - The inflows for US spot Bitcoin ETFs reached $202.48 million, while Ethereum ETFs saw even stronger inflows at $246.02 million [8]. - Trump Media's Truth Social has partnered with Crypto.com to introduce prediction markets, indicating a growing intersection between traditional media and cryptocurrency [8].

Market Trends - $CRO experienced an 115% pump following news of Trump Media launching a prediction market using Crypto com Derivatives North America [1] Tokenomics - Crypto com 'unburned' 70% of the total $CRO supply [1] Partnerships - Trump Media agreed to form a DAT to buy CRO token in August [1]

Core Insights - Ether and Bitcoin experienced mixed movements as the Federal Reserve's two-day meeting commenced, with Bitcoin slightly declining to $114,600 and Ether dropping nearly 2% to $4,96 [1][2] - Securitize, a platform linked to BlackRock, is set to go public through a merger with a special purpose acquisition company, valuing Securitize at $1.25 billion in pre-money equity [3][5] - Circle's CEO announced the launch of a new blockchain business called Ark, which aims to facilitate economic activity on-chain, with participation from major firms like Goldman Sachs and Mastercard [6][8] - A partnership between Crypto.com and Truth Social was announced, focusing on launching prediction markets, which has led to a rise in Trump Media shares [9][10] - Michael Sailor discussed the rise of digital asset treasuries and the significance of S&P granting a credit rating to a Bitcoin-focused company, indicating institutional adoption of Bitcoin-backed credit [11][12][13] Company Developments - Securitize will merge with a blank check firm sponsored by Caner Fitzgerald, trading under the ticker CPT, and will subsequently trade on NASDAQ as SECZ [4] - Circle's Ark aims to create an open layer 1 blockchain network, enhancing the financial system's infrastructure [6][8] - The partnership between Crypto.com and Truth Social will allow users to convert rewards into Crypto.com's Kronos token, facilitating new market opportunities [10] Market Trends - The digital asset treasury sector is rapidly expanding, with the number of companies involved increasing from 1 in 2020 to an expected 500 to 5,000 in the future, reflecting a digital transformation in capital markets [15][16] - Stablecoins are projected to grow significantly, potentially reaching a market size of $10 trillion, with Bitcoin expected to appreciate in value and serve as a capital asset in the digital economy [20][22] - Bitcoin's price is anticipated to rise to $150,000 by the end of the year, with long-term forecasts suggesting it could reach $20 million over the next 20 years [26][27]

Core Insights - Polymarket is set to relaunch in the U.S. as early as November, focusing initially on sports-related markets [1][2] - The company previously ceased U.S. operations in 2022 after a settlement with the CFTC, which included a $1.4 million fine for operating an unregistered derivatives platform [2][4] - Following the settlement, Polymarket has been operating offshore while expanding its user base in various prediction markets [3] Company Developments - Polymarket acquired QCX, a firm with exchange and clearinghouse licenses from the CFTC, enabling it to operate legally in the U.S. [4] - The platform differentiates itself from competitors by utilizing blockchain infrastructure and primarily stablecoins for trading [5] - Details regarding the planned native token, which aims to connect platform growth to the crypto ecosystem, have not yet been disclosed [5]

RT CoinDesk Podcast Network (@CoinDeskPodcast)🗞️ Trump Media to launch prediction markets on Truth Social with https://t.co/KthXZMKkHE.🗞️ Kalshi sues New York, arguing the CFTC has sole authority over its event-based contracts.🗞️ The NYSE listed four new spot crypto ETFs, including Solana and Litecoin funds.@JennSanasie hosts "CoinDesk Daily."Thank you to @Stablecoin 🫵 for being a sponsor of the CoinDesk Media Network. ...

🇺🇸JUST IN: Trump Media will add federally compliant prediction markets to Truth Social through a partnership with Crypto․com’s U.S. derivatives arm. https://t.co/IuIlU8NrIL ...

Trump Media to Join With https://t.co/hglQp7AMzv in Prediction Market Push► https://t.co/wIHEMmQxqK https://t.co/wIHEMmQxqK ...

Market Reaction - $CRO price increased by 115% following Trump Media news regarding the launch of a prediction market using Crypto.com Derivatives [1] Cryptocurrency Dynamics - Trump Media agreed to form a DAT to buy CRO token in August [1] - 70% of the total $CRO supply was 'unburned' [1]

BREAKING: 🇺🇸 Trump Media to Launch "Truth Predict" Prediction Markets using Cryptocom. https://t.co/PTBLKgqcdP ...